NOT LISTED FOR SALE

529 S 7th St Springfield, IL 62703

Old Aristocracy Hill Neighborhood

Estimated Value: $1,691,543

-- Bed
-- Bath
128,594 Sq Ft
$13/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,400,000 $11 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,483/month

1,072 Days on Market

About This Home

As of June 2022

Well maintained solid steel & concrete structure built to AT&T specs! Former AT&T facility housed data centers, billing and printing facilities offices, conference and training rooms. Located on the edge of downtown, across from the Lincoln Home Site. Blocks from the State Capitol complex. Plenty of parking in immediate area.

Last Agent to Sell the Property

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 02/13/2019

The Real Estate Group, Inc.

Last Buyer's Agent

Ben Call

The Real Estate Group, Inc. License #475139475

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Lot Details

  • 1

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Price Per Sq Ft: 10.89
  • Total Sq Ft: 128594
  • Total Building Sq Ft: 128594

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Membrane
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: H-3
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 1
  • Parcel Id Number Tax Id: 14340181022
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Jun 10, 2022
Sold by
Illinois Bell Telephone Company Llc
Bought by
Springfield Partners Iv Llc
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Ben Call
The Real Estate Group, Inc.
List Price
$2,950,000
Sold Price
$1,400,000
Premium/Discount to List
-$1,550,000
-52.54%
Current Estimated Value
$1,691,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,543
Original Mortgage
$9,100,000
Outstanding Balance
$8,658,684
Interest Rate
5.27%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Springfield Partners Iv Llc $1,400,000 Dahlberg Eric
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springfield Partners Iv Llc $9,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $1,400,000 -52.5% $11 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
02/13/2019 02/13/19 For Sale $2,950,000 -- $23 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $43,445 $517,232 $124,494 $392,738
2023 $41,252 $466,598 $112,512 $354,086
2022 $41,811 $466,591 $106,727 $359,864
2021 $94,950 $1,054,893 $102,731 $952,162
2020 $93,063 $1,056,477 $102,885 $953,592
2019 $91,335 $1,052,792 $102,526 $950,266
2018 $99,001 $1,171,723 $101,939 $1,069,784
2017 $96,951 $1,156,572 $100,621 $1,055,951
2016 $95,047 $1,139,705 $99,154 $1,040,551
2015 $94,738 $1,133,400 $97,969 $1,035,431
2014 $125,388 $1,513,067 $97,336 $1,415,731
2013 $122,590 $1,513,067 $97,336 $1,415,731
Source: Public Records

Agents Affiliated with this Home

  • Curtis Tillett

    Seller's Agent in 2022

    Curtis Tillett

    The Real Estate Group, Inc.

    (217) 553-7022

    2 in this area

    40 Total Sales

    Curtis Tillett
    Section Image
  • Ben Call

    Buyer's Agent in 2022

    Ben Call

    The Real Estate Group, Inc.

    (217) 321-8133

    2 in this area

    196 Total Sales

    Ben Call
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA190743

RMLS Alliance

APN: 14-34.0-181-022

Illinois Sangamon County Springfield 62701 Old Aristocracy Hill

529 S 7th St, Springfield, IL

Not Listed for Sale

Other

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